About Economic Droplets
An environmental and natural resource economics blog by Adam Bailey (below). For details and profile see About.
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© Adam Bailey and Economic Droplets, 2012-2025.
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Category Archives: Fisheries
An Economic Story
In the About page of this blog, I wrote that there is “an important role for non-theoretical descriptive economics, as a preliminary to theorising and policy analysis”. In this post I stretch the idea of descriptive economics quite a long … Continue reading
Posted in Agriculture, Climate change, Fisheries, Water
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Fish Imports, Tariffs and Conservation
A recent paper proposes that, post-Brexit, the UK should lower tariffs on imported fish to benefit consumers. That may be a good idea, but the effect on fish stocks in the regions of origin should also be considered. The Institute … Continue reading
Fishing and Economic Welfare
Within a static model of a fishery one can identify levels of fishing effort for maximum yield, maximum profits and maximum welfare. Where demand is downward-sloping, effort for maximum welfare will normally be above that for maximum profits but below … Continue reading
Posted in Fisheries
Tagged bioeconomic model, fishery economics, maximum welfare, maximum yield
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Brexit and Fisheries
If the UK left the EU, it would take its sea fisheries with it. It’s outside the scope of this blog to give a view on whether the UK should remain within or leave the European Union; most of the issues … Continue reading
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